Plan Ledger DOL Form 5500 · updated monthly

Southern NV & Ca Glaziers Fabricators Painters and Floorcoverers Paint401(k)

SOUTHERN NEVADA AND CALIFORNIA GLAZIERS, FABRICATORS, PAINTERS AND FLOORCOVERERS PENSION TRUST FUND · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.75%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Southern NV & Ca Glaziers Fabricators Painters and Floorcoverers Paint reported $787,305 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,698 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.71% to 0.75%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 31st-largest of 437 plans among Nevada employers on file, and the 576th of 5,337 in construction. In 2024, the employer put in $58.94 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$109,303,141
Participants with balances8,658
Active participants3,538
Employer contributions$13,084,813
Employee contributions$222,019
Employer contribution per active participant$3,698
Average account balance$12,625
Benefits paid to participants$9,679,916
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$109.3M · 8,658 accts · $13.1M emplr
2023$100.0M · 8,335 accts · $12.8M emplr
2022$83.6M · 6,923 accts · $11.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$265,915
Investment management$280,583
Audit (IQPA)$26,780
Trustee / custodial$8,133
Total administrative$787,305
The Southern NV & Ca Glaziers Fabricators Painters and Floorcoverers Paint 401(k) match · 2024
Employer contribution per active participant$3,698
Median for plans this size$3,635
2024$3,698 per active participant
2023$3,547 per active participant
2022$3,203 per active participant

Southern NV & Ca Glaziers Fabricators Painters and Floorcoverers Paint's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20249
FIDUCIARY MANAGEMENT, INC. · Investment management$253,136
BENESYS ADMINISTRATORS · Plan administrator$169,532
CHRISTENSEN JAMES & MARTIN, CHTD. · Legal$122,886
RUBINBROWN LLP · Accounting / audit$56,803
ALSWEET ASSOCIATES · Accounting / audit$42,419
PACIFIC SOUTHWEST ADMINISTRATORS · Plan administrator$30,000
SEGAL MARCO ADVISORS · Pension consulting$27,447
MARSH AND MCLENNAN AGENCY · Insurance broker$14,001
NORTHWEST PLAN SERVICES · Actuarial$9,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$787,305 · 0.75%
2023$876,311 · 0.95%
2022$613,526 · 0.71%
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Source: U.S. Department of Labor, Form 5500 series, EIN 306003012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.